BATS April Daily Equity Trading Volume Up 6 Percent

BATS Global Markets said that its average daily matched volume was 693.5 million shares in April, up from the 651.8 million share level in March, but down from the 727.4 million shares that changed hands in February.

It is down from one year ago, when 746.7 million shares changed hands. Compared to a year ago, volume is down 7.1 percent.

In April BATS matched market share of its two national stock exchanges was 10.9 percent. That is up from 10.6 percent in March.

A year ago, BATS’ two exchanges had a 11.5 percent share of trading in equities in the United States.
BATS is typically the first exchange operator to report its monthly market share and volume figures and  as such can be used as an early indication of overall equities market volume.

In equities options, BATS Options saw its matched market share rise to 4.0 in April, up from 3.8 percent in March and matching the 4.0 percent level seen in February. This is up 25.5 percent from the 3.1 percent seen one year ago.  Average daily matched volume rose in April to 656,824 compared to 574,846 in March and 650,531 in February.

One year ago options volume was 488,878 contracts.

The BATS 1000 Index, a broad based U.S. equities market benchmark, ended the month up 274.93 points, or 1.5 percent higher, closing at 18,048.40 vs 17,773.47 in March.

BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BATS BYX Exchange; as well as BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities.